How to help your employees be super safe
10 September 2024
5
min read
During Safe Work Month, you have the power to help your employees become more financially secure should the unexpected happen. And we have tips and tools to help.
Making sure your employees are physically and mentally protected is an important part of a safe workplace. But safety is more than just hard hats and support programs, it’s also about helping your employees have a financial safety net when life doesn’t go to plan.
You can help prioritise the financial wellness of your employees this Safe Work Month, and we can help, too.
About Safe Work Month
October is Safe Work Month, a time employers and workers across Australia commit to creating safe and healthy workplaces. This year’s theme is ‘Safety is everyone’s business’, and highlights the positive outcomes of good work, health and safety (WHS) risk management.
How super can help protect employees and their loved ones
Our research shows that only about 1 in 4 Australians feel they have enough insurance to meet their needs should their circumstances unexpectedly change.1
And some of your employees may not even know they have, or could have access, to life insurance cover through their superannuation account. The right insurance could help your employees feel they have a safety net if life doesn’t go to plan.
But making good decisions about our super and insurance can be stressful without guidance, which is where our employee financial wellbeing programs can help.
How financial education can help employees
Our research shows more than half of Australians expect employee support to improve their financial wellbeing, or would view it favourably from the employer. Where this support has been provided, 88% of employees made changes that helped them feel more protected1, including:
- 32% were able to set clear goals for their future
- 31% felt more confident about their financial future
- 29% felt more in control of their current finances.
How to help your employees this Safe Work Month
Check out National Safe Work Month campaign resources
Safe Work Australia have a range of resources to help promote Safe Work Month to your employees, including several topics around WHS.
Have us onsite at your workplace
If you wish, one of our team could visit your employees on site to discuss their super.
This could be in addition to any Safe Work Month events you might be holding, or to complement any existing financial wellness activities.
We’re here to help
Speak with your relationship manager or contact us to find out more about how we can help you and your employees’ financial wellbeing.
1. Survey of 1,000 Australians carried out by IPSOS on behalf of Australian Retirement Trust, September to November 2023.